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House Concurrent Resolution 86
118th Congress(2023-2024)
Expressing the sense of Congress that a carbon tax would be detrimental to the United States economy.
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Passed House on Mar 21, 2024
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H. CON. RES. 86 (Engrossed-in-House)


118th CONGRESS
2d Session
H. CON. RES. 86

CONCURRENT RESOLUTION

    Whereas a carbon tax is a Federal tax on carbon released from fossil fuels;

    Whereas a carbon tax will increase energy prices, including the price of gasoline, electricity, natural gas, and home heating oil;

    Whereas a carbon tax will mean that families and consumers will pay more for essentials like food, gasoline, and electricity;

    Whereas a carbon tax will fall hardest on the poor, the elderly, and those on fixed incomes;

    Whereas a carbon tax will lead to more jobs and businesses moving overseas;

    Whereas a carbon tax will lead to less economic growth;

    Whereas American families will be harmed the most from a carbon tax;

    Whereas, according to the Energy Information Administration, the share of energy consumption during 2023 in the United States that was derived from fossil fuels was approximately 80 percent;

    Whereas a carbon tax will increase the cost of every good manufactured in the United States;

    Whereas a carbon tax will impose disproportionate burdens on certain industries, jobs, States, and geographic regions and would further restrict the global competitiveness of the United States;

    Whereas American ingenuity has led to innovations in energy exploration and development and has increased production of domestic energy resources on private and State-owned land which has created significant job growth and private capital investment;

    Whereas the energy policy of the United States should encourage continued private sector innovation and development and not increase the existing tax burden on manufacturers;

    Whereas the production of American energy resources increases the ability of the United States to maintain a competitive advantage in today’s global economy;

    Whereas a carbon tax would reduce America’s global competitiveness and would encourage development abroad in countries that do not impose this exorbitant tax burden; and

    Whereas the Congress and the President should focus on pro-growth solutions that encourage increased development of domestic resources: Now, therefore, be it

Resolved by the House of Representatives (the Senate concurring),

That it is the sense of Congress that a carbon tax would be detrimental to American families and businesses, and is not in the best interest of the United States.

Passed the House of Representatives March 21, 2024.

Attest:





Clerk.  

118th CONGRESS
     2d Session
H. CON. RES. 86
CONCURRENT RESOLUTION
Expressing the sense of Congress that a carbon tax would be detrimental to the United States economy.